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What if I told you the aggressive sell-off in software stocks and Bitcoin is correlated? Over the past few months, it 100% is. We're seeing 40-50 percent sell-offs in both. We know growing AI capabilities are re-rating software, but why is Bitcoin getting dragged down with it? There's a surprising link, and most investors haven't caught on yet. That's what I'm revealing on today's show!
0:00 Intro
0:32 Software stock sell-off explained
3:25 Why is Bitcoin suddenly correlated with software?
7:59 Interview with Nick Shirley about uncovering government fraud
Listen to From the Desk of Anthony Pompliano on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503
Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
Join 600K+ subscribers on my main channel: https://pompyoutube.com/
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
#AnthonyPompliano #FromtheDesk #marketnews
By Anthony PomplianoWhat if I told you the aggressive sell-off in software stocks and Bitcoin is correlated? Over the past few months, it 100% is. We're seeing 40-50 percent sell-offs in both. We know growing AI capabilities are re-rating software, but why is Bitcoin getting dragged down with it? There's a surprising link, and most investors haven't caught on yet. That's what I'm revealing on today's show!
0:00 Intro
0:32 Software stock sell-off explained
3:25 Why is Bitcoin suddenly correlated with software?
7:59 Interview with Nick Shirley about uncovering government fraud
Listen to From the Desk of Anthony Pompliano on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503
Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
Join 600K+ subscribers on my main channel: https://pompyoutube.com/
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
#AnthonyPompliano #FromtheDesk #marketnews